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  • Price cut: $25K (5/22)
    $625,000

    8 Emery Corner Road, Limerick, ME 04048

    2beds
    2,064sqft
    : Get pre-qualified
    Multi Family
    Built in 1950
    -- sqft lot
    $607,900 Zestimate®
    $303/sqft
    $-- HOA

    What's special

    Versatile lakefront propertyDimmable lightingSpectacular lake viewsNew stoveSmall beach access pointSwim areaNew flooring throughout
    Positioned on the shores of beautiful Sokokis Lake in the heart of Limerick, this rare mixed-use opportunity offers the perfect blend of lifestyle, income, and future potential. Zoned business/residential, this versatile lakefront property features two fully occupied rental units along with an established on-site laundromat creating multiple streams of revenue in a highly visible, prime location. The property has seen extensive updates throughout, including newer windows and doors, updated electrical panels and wiring, and on-demand tankless hot water systems. The roof has been replaced in phases, with half completed approximately three years ago and the remaining portion several years prior offering peace of mind for years to come. Unit A (Upper Front) is a thoughtfully designed studio, completely renovated approximately four years ago with all-new finishes at the time. Unit B (Lower Rear) was recently refreshed (July-Sept 2025) and features new flooring throughout, updated plumbing, a new stove, fresh paint, and replacement windows. Both units include dimmable lighting, adding a modern touch and enhanced comfort. The laundromat provides steady income and includes a utility room housing independent systems for heat, hot water, and security. There is also flexibility to expand--whether growing the laundromat operation or increasing residential space-- with approximately 30% expansion potential available under current zoning. Set on deep water frontage, the property boasts a private dock, swim area, and small beach access point--perfect for enjoying Maine summers. Spectacular lake views enhance both tenant appeal and owner enjoyment. Conveniently located within walking distance to local amenities--including dining, coffee shops, and more. This property combines small-town charm with everyday accessibility. Whether you're an investor seeking strong income potential or an owner-occupant looking to live and work by the water, this unique property delivers on all fronts.
    66 days
    |
    260
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Coldwell Banker Realty 207-282-5988

    Source: Maine Listings,MLS#: 1655282MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Direct Vent Heater, Hot Water, Zoned
      Cooling
      • None
      Appliances
      • Laundry: Laundry - Coin
      Features
      • One-Floor Living
      • Flooring: Carpet, Laminate, Vinyl
      • Basement: Exterior Entry,Walk-Out Access,Finished,Full
      Interior area
      • Total structure area: 2,064
      • Total interior livable area: 2,064 sqft
      • Finished area above ground: 1,224
      • Finished area below ground: 840

      Property

      Parking
      • Parking features: Paved, 21+ Spaces
      Features
      • Has view: Yes
      • View description: Scenic
      • Body of water: Sokokis Lake
      • Frontage length: Waterfrontage: 220,Waterfrontage Owned: 220
      Lot
      • Size: 0.3 Acres
      • Features: City Lot, Near Shopping, Corner Lot, Level
      Details
      • Zoning: Village

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other,Ranch
      • Property subtype: Multi Family
      Materials
      • Masonry, Wood Frame, Clapboard
      • Foundation: Block
      • Roof: Shingle
      Condition
      • Year built: 1950

      Utilities & green energy

      • Electric: On Site, Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Utilities On

      Community & HOA

      Community
      • Security: Security System
      Location
      • Region: Limerick

      Financial & listing details

      • Price per square foot: $303/sqft
      • Annual tax amount: $4,014
      • Date on market: 3/25/2026
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $607,900

        $578,000 - $638,000

        $1,695/mo

        Price history

        DateEventPrice
        5/22/2026Price change$625,000-3.8%$303/sqft
        Source: Maine Listings #1655282 Report a problem
        3/25/2026Listed for sale$650,000+136.4%$315/sqft
        Source: Maine Listings #1655282 Report a problem
        7/21/2008Listing removed$275,000$133/sqft
        Source: NCI #857202 Report a problem
        7/20/2008Listed for sale$275,000$133/sqft
        Source: NCI #857202 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 04048

          Getting around

          32 / 100
          Car-Dependent
          27 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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